Larry B.Jacobs – Gann Trade Real Time

Larry B.Jacobs – Gann Trade Real Time

GETTING STARTED……In the past three years you have heard about the new day-traders. Many new people quitting their professions to start a new career in day trading. They buy expensive computers, hook up to high-speed Internet access and start trading with limited capital. Even housewives were using their grocery money during the week in hopes of making money. Some retired people put their entire life savings on the line day trading and lost it all. The reason most of these people have lost or will lose is their trading is not based on sound mathematical principles, but rather just seat-of-their-pants gambling. The methods they trade on are not scientific nor are the methods back tested for any degree of time.

When you opened this book you took the one step that will help you learn how to be successful at the most desirable, but hardest profession in the world. That profession is real time trading. This book is not going to give you an instant secret to day trading. It is going to give you the basics so that you might start the path to understanding how the markets work both short term and long term. You need to know and fully understand the markets and develop successful trading strategies to become successful at this endeavor. Knowledge of the markets must be combined with discipline to effectively control your emotions to stick to what you have learned and consistently make money in the markets. Most people have lost money in the markets due to several simple mistakes. You can prevail over that market and overcome these mistakes. This book will also teach you how to understand, distinguish and steer clear of these common mistakes.

If you are just getting started or if you are an experienced trader, you will find this book a very practical guide. You’ll learn the basics from hardware and software to getting the right brokerage firm. You will learn how to use the right kind of orders for your trades.

It is our sincere wish that you learn how to successfully trade the markets in the real-time trading atmosphere. By the end of the book, we hope that we have made it easier, less risky and a more lucrative endeavor.

To keep on learning about trading we would like you to visit our website at www.tradersworld.com. This is the official website of Traders World magazine which has been published since 1981. There you will find many articles and information about methods of trading from hundreds of writers.

Table of Contents

Getting Started
W.D. Gann Ticker Magazine Article
W.D. Gann A Legend by Les Clemens
Computer
Computer Chair
Psychology of Trading
The Right Kind of Charts
Trading Software
Intraday Trend- Price Action
Intraday Trends-Time Action
Unit Moves
Points Move
Mathematics
The Cube
Retracemetns – 30 Min Chart
Three Basic Shapes
90 Square Chart
Constructing Charts Properly
The 1X1 Angle
Gann Angles
The Time Factor
Built Up Forces
Harmonics
TXN Daily Chart Year 1996
TXN Daily Chart Overlay
Finding the Main Trend
Monthly Moves
Market Action
Long-Term Support and Resistance
Time and Price Overlays
Commodity All Time Highs and Lows
Charts
How to Use the Overlay Gann Square
Time and Price Charts
Table Charts
Forecasting Time
Harmonics of These Cycles
Shifts in Cycles
Reoccurring Cycles
Elliott Wave Theory
Using Gann Ratios
Forecasting Price
Using Circle Numbers from Beginning Numbers
MMM Daily Chart T&P Squaring
MMM Daily Chart Seasonals
Square of Nine Fixed and Seasonals
TXN 5 min Chart and the Fixed Square of Nine
TXN 5 min Chart and the Fixed Sq of Nine with Channels
TXN 5 min Fixed Sq of Nine with Channels and Variable
Pyropoint Tool
Gann’s Secret Pythogorean Square by Don E. Hall
Gann’s Road Map Approach
Pyrapoint Time and Price
Chart Patterns
TXN 5 min Chart Broadening Bottom
TXN 5 min Chart Right Angle Broadening Formation
SBC 5 min Right Angle Descending Broadening Formation
SBC 5 min Broading Top
SBC 5 min Chart Ascending Broadening Wedge